Search

961. K. Treppides & Co Ltd: Renewed European finance strategy and implementation of the action plan on financing sustainable growth

The European Commission adopted on 21 April 2021, a comprehensive package of measures to help improve the flow of money towards financing the transition to a sustainable economy, whereas these measures will be instrumental in reaching climate and environmental targets as well as vital for economic recovery from the COVID-19 pandemic. ...

962. Electronic Money and Payment Institutions launch professional association

ECOMMBX is proud to announce the establishment of the Association of Cyprus Electronic Money and Payment Institutions (ACEMPI), with a number of the company’s management team members among the new Association’s leadership....

963. China declares all cryptocurrency transactions illegal

China’s central bank on Friday declared all transactions involving Bitcoin and other virtual currencies illegal, stepping up a campaign to block use of unofficial digital money....

964. Another case of cyber fraud

A 41-year-old businessman who allegedly paid $ 44,900 into a bank account, but which did not belong to a company with which he works, fell victim to cyber fraud....

965. Another 85 million by February if Cyprus meets deadline of key reforms

With the first 157m euros already paid in advance from the Cyprus Recovery and Resilience Fund, the country still has a long way to go to complete the reforms and investments required to unlock the next 85m euros which is due to be received in February 2022....

966. Prostate cancer trial could see men cured within a week

Men could be cured of prostate cancer in a week using larger doses of precision radiotherapy, scientists believe....

967. Customs officers raid two shops in Paphos

Police officers and customs officials raided at least two business establishments on Monday in Paphos, where suspected counterfeit designer goods have been confiscated...

968. Greek PM: Cost of ignoring climate crisis unimaginable

Mediterranean nations must lead the way in addressing climate change, Prime Minister Kyriakos Mitsotakis said, warning that the cost of doing nothing was unimaginable,...

969. Police warn public about phony text messages

Police are warning the public against fraudulent text messages with links to Banking and Credit Institutions....

970. Loizidou case still open as others settle

The conclusion of a meeting by the Committee of Ministers keeps the Loizidou case open for oversight, while other cases are closed due to amicable settlement between Greek Cypriot private citizens and Turkey...

971. NATO must 'stand together' in Afghanistan

The political and military leadership of the Afghan Army must shoulder a significant part of the blame for its swift collapse...

972. Limassol crypto provider says imposter stole 35 million

A Cypriot resident who owns a blockchain service provider says his company was targeted by cyber criminals who managed to steal tens of millions in cryptocurrency simply by sending a message on a popular social app...

973. K. Treppides & Co Ltd: Cryptocurrency

If you do a quick search on the internet on how many people have become “Bitcoin Millionaires” you will be inundated with stories of young individuals who invested their pennies some years ago and have now struck it rich. Currently there are over 100,000 accounts that hold US1,000,000 or more in Bitcoin....

974. Sneaky accountant admits draining company funds

A woman in Limassol is promising to return stolen money after she was arrested on suspicion of forging company checks and signing them over to herself for a total over €315,000...

975. Nicosia reacts to new Al Jazeera video

Nicosia has refuted allegations concerning a Cypriot minister and his trips to London, in reaction to an Al Jazeera secret investigation into how convicted criminals could take on new identities and launder money through ownership of English football clubs by deceiving authorities...

976. International Luxury Property and Residency Conference

977. Al Jazeera publishes prequel to The Cyprus Papers

A new documentary by Al Jazeera on football corruption in Britain includes allegations that a Cypriot minister flew to London to arrange paperwork at a consular office for a Russian national who was wanted by Interpol and unable to travel under his real name...

978. Unvaccinated literally squeezed into a corner

People no longer eligible for free rapid tests in government-run facilities were literally squeezed into a corner under the hot sun in Paphos on Sunday, while it was a walk in the park for vaccinated individuals and others in that town who were still eligible for state-funded testing based on the latest decree...

979. Minister says unvaccinated should pay up

Cypriot Health Minister Michalis Hadjipantela suggests vaccinated persons do not need to take rapid tests for Covid, adding those who choose to remain unvaccinated should now have to pay out of their own pocket to keep getting tested if they want to use Safe Pass...

980. Suspect got scammed in deadly drug deal

The suspect in a deadly drug deal gone wrong in Limassol has given his own version of events, saying he flew into a rage after noticing he had paid for Himalayan salt instead of crystal meth...

981. Government responds to fire with €6 million aid

The Republic of Cyprus has announced €6 million in financial aid for villages affected by a deadly fire, including compensation to the families of victims, with the government clarifying that illegal or uninsured structures would not be an issue...

982. Cyprus awaits endorsement during Ursula visit

European Commission President Ursula von der Leyen flies to Cyprus Wednesday on a two day visit to deliver notes on the government’s recovery and resilience plan submitted two months ago...

983. Drug deal gone wrong behind Limassol slaying

The suspect accused of killing a man by running him over during a dispute in Limassol has been remanded in custody, with reports saying a drug deal gone wrong was the cause of the deadly incident...

984. Cyprus opens goody bag for the vaccinated

The President’s Cabinet in the Republic of Cyprus decided on Friday to subsidize summer vacations for citizens who are vaccinated, following the approval of a number of incentives and counterincentives aimed to boost vaccination rates on the island as daily cases now exceed 500...

985. Cyprus readies gratitude gift bag for vaccinated

New measures to reward vaccinated citizens in the Republic of Cyprus are to be decided in a Cabinet meeting on Friday following a sevenfold increase in daily COVID cases, with the government seeking ways to punish those who refuse to get the jab...

986. Jho Low wanted to be a Cypriot banker

A British investigative journalist told an audience in Nicosia that Cypriot-naturalized financier Jho Low had tried to use contacts with Kuwaitis to buy a bank on the island where the Malaysian fugitive could launder stolen money...

987. G7 agree on plan targeting tax heavens

The G7 reached a landmark deal on Saturday to pursue higher global tax rates on multinational businesses but the measures need broader support including an EU resolution, with retractors including Cyprus where Amazon recently registered a company...

988. EU ready to claw back stolen funds

The European Public Prosecutor’s Office goes to work next week, after the Council gave the green light this week for the first supranational independent agency to begin investigating and prosecuting crimes against the EU budget...

989. Cyprus unveils 'ambitious' stimulus plan

Cypriot President Nicos Anastasiades has called on the new parliament after elections as well as industry leaders to support an ambitious €4.4 billion economic stimulus plan, saying it will lead the country into a new era...

990. Minister warns House over crucial EU money

Cypriot Finance Minister Constantinos Petrides is calling on Parliament to approve structural reforms that come as a condition to the disbursement of over €1 billion from the EU’s Recovery and Resilience Fund...